Recording Income

Liz edodd at billiau.net
Sat Feb 21 00:47:59 EST 2015


On Sat, 21 Feb 2015 16:07:40 +1100
Edwin Humphries <humphries.edwin at gmail.com> wrote:

> Hi,
> 
> I'm the Treasurer of a small religious group, not an accountant, and 
> still a GnuCash newbie.
> 
> I'm trying to get my head around recording donations; I'm currently:
> 
>  1. When a contribution comes in, I raise an invoice. I can find it,
> but it's not recorded as Accounts Payable.

1a Post the Invoice

>  2. When I bank it, I "Process Payment". I then see it as Accounts
>     Payable (which I would have said by then it's not) and not as
>     income. However, the amount appears in our Bank Account.
> 
> Either I'm getting something wrong in this process, or I'm missing a 
> last step that transfer the amount from Accounts Receivable to Income.
> 
> Help, please :(

If that doesn't make sense, then you haven't done it, so we can
explain .
If you have posted the invoice, then we need more information


More information about the gnucash-user mailing list